Word: fed
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Dates: during 1950-1959
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There was Dody Goodman, corn-fed elf and professional birdbrain, whose irrelevance and irreverence were fun until Paar got rid of her in an unseemly family squabble (TIME, March 24). Elsa Maxwell appeared for weekly off-with-their-heads chats, chopped at so many well-known necks (including Winchell's, Presley's, Princess Grace's) that Jack was only half kidding when he rolled his eyes and groaned: "Call the lawyers." For a few frenetic nights, Zsa Zsa Gabor leaned over her cleavage and rattled her host into some now famous fluffs. "It will...
...both tests, parakeets were fed on a schedule of two days on millet seed enriched with Aureomycin, one day on plain feed. After 15 days, virtually all became virus-free. Hartz Mountain will begin marketing the treated feed in September, and parakeet owners can relax at last. Dr. Meyer's next project: a medicated feed for table birds, especially turkeys, which are also subject to ornithosis epidemics (TIME, March...
...Jones industrial average, the Federal Reserve Board joined the ranks of the worriers. Noting that customer credit had increased by $746 million in the first half of the year, it raised margin requirements (i.e., the minimum cash payment required on stock purchases) from 50% to 70%. While the Fed thought its action would act as a damper on speculation, changes in margins have usually had almost no effect on the market (see chart). After a brief dip last week, the market closed the week at 510.13, only 11 points under the alltime bull market top. Stock Exchange President G. Keith...
What has pushed the market up, in the eyes of most Wall Streeters, is not easier credit but the fear of a new burst of inflation. Many a Wall Streeter shares the Fed's worry, feeling that anxiety over inflation has lifted stock prices too quickly on the basis of current earnings. This has caused a sharp change in the "spread"-the difference between stock and bond yields. As stock prices have risen, bonds have dropped (see below); while the return on blue chips has fallen to 3.8%, the best bonds now yield more than 4%. In the past...
...Fed expected to protect the small, supposedly uninformed investor, its margin-raising action was not necessary. The small investor has been doing very well. For the past year the professional traders, large investors and stock specialists have been selling more than buying, in the belief that the market would go lower. But the small investor, as shown by the odd-lot (under 100 shares) records, has been buying more than selling, added a total of 13,679,000 shares to his holdings by midyear. In June many small investors began to cash in their profits. Since then, they have been...